Korea, Rep of UTPR Top-up-tax Return Pillar Two Tax Form
Overview
What's Included
Forms Library
The latest jurisdiction-specific Pillar Two forms. Orbitax endeavors to publish all forms shortly after the local authorities publish or update a form, meaning no more searching across portals or worrying about outdated versions.
Fillable Forms
Orbitax Forms library provides ready-to-use fillable Pillar Two tax form that can be automatically populated with data by linking the Orbitax Global Minimum Tax Pillar Two solution with an active GMT user license, minimizing manual data entry and ensuring consistent, accurate filings on time.
Certified Translations
Orbitax forms come with built in certified tax form translations for handling multilingual tax filings. Review and complete forms in your preferred language, minimizing the potential of errors.
Validation and Review
Ensure accuracy before submission with automatic validation and review tools. Orbitax checks each form for completeness, and flags potential errors, helping you submit securely and confidently.
Filing and Transmission
Submit directly to the relevant government portals or follow instructions when e-filing is not supported. Official export formats (e.g. XML) and centralized submission dashboard, eliminates fragmented workflows.
Collaboration
Request missing data, assign review tasks, and track filing progress in real time seamlessly collaborating across teams and timezones. Use Orbitax's Pillar 2 Software to pre-populate your forms with accurate calculation data.
How It Works
Upload group- or entity-level data to create a single source of truth inside the platform.
Choose the form you want to work with, assign a form title, select the reporting entity, and set the UPE currency- automatically populated from your uploaded entity data.
Forms instruction will be accessible both in local authority language and English directly from the Orbitax platform.
Populate the necessary information manually or send an email inviting stakeholders (such as managers, preparers, and reviewers) using data-collection workflows. With an active GMT license, users can extract relevant data straight from GMT scenarios that are automatically mapped to appropriate fields.
Create or export the completed UTPR Top-up Tax Return in the necessary formats (PDF, XML) after using the integrated field-level validation checks to guarantee accuracy.
Direct transmission of XML and PDF filings to tax authority portals.
Compliance Coverage
Supports OECD Pillar Two / GloBE compliance under UTPR Top-up-Tax legislation.
Aligned with local implementation rules and guidance.
UTPR Top-up-Tax is applicable for fiscal years from 2024 onwards.
Helps prepare UTPR Top-up-Tax Return disclosures for in-scope multinational groups.
Designed to support transitional and safe harbor rules, where applicable.
Benefits of Korea, Rep of Pillar Two UTPR Top-up-tax Return Form
Ensure accurate and compliant UTPR Top-up-Tax reporting aligned with Korea’s Pillar Two filing requirements
Reduce manual data handling and minimize errors in Korea’s UTPR Top-up-Tax submission.
Support consistent and standardized GloBE reporting across all constituent entities
Keep filings aligned with both OECD GloBE rules and [Country Name]’s local legislation
Simplify coordination between global and local teams for Pillar Two compliance
Version History
| Jurisdiction | Form Type | Filing Level | Filing Method | Effective Date | Due Date |
|---|---|---|---|---|---|
| Korea, Rep of | UTPR Top-up-tax Return | Jurisdictional | E-Filing (Home Tax) | 01/01/2025 | 06/30/2026 |
FAQs
The form applies to in-scope multinational enterprise (MNE) groups subject to Pillar Two that have constituent entities in Korea and are required to report domestic UTPR Top-Up-Tax Return rules.
Beginning from 2024 onwards, in line with Korea’s Pillar Two implementation timeline Orbitax provides support for forms filing.
Orbitax’s Executable Actions Tool tax workflows allow users to invite data preparers and data reviewers to contribute data and review submissions, supporting efficient coordination between global and local tax teams.
Users with a Global Minimum Tax (GMT) license can pull relevant data directly from their Pillar 2 calculations, which are automatically mapped to the appropriate form fields.
The form includes official versions in the local language, along with certified translation into English (where available), and filing guidance notes.